Brent Contango Reversal

Discussion in 'Energy Futures' started by eugenie98, Aug 7, 2006.

  1. From this morning:

    I don't understand why the Contango situation has been reversed with Brent (it's now backwardation) but is still active with WTI, anyone care to explain?

    Latest Brent:
    September U6 contract: 78.33
    October V6 contract: 78.10

    Latest WTI:
    September contract: 77.06
    October contract: 78.40

    Gene
     
  2. volga

    volga

    it is a very complex game.. has a lot to do with the real contract specifications of brent futures and the physical stream.. have a read and i think u will answer ur questions very easily.